RE: I'm pretty sure...8 Mar 2019 15:44
yeah, they were pretty blunk about stating they would be raising the money one way or the other regardless of the dilution.
And, as you said, the SP is in the toilet, they will not get a good price for the pacing, infact, if the current down push is these being forward sold, then i'd be worried they might have placed at less than that, perhaps .03 or even lower, and if that's the case, come the RNS they will not be able to sell for a profit any more, and will have made sure they'd dumped them like toxic waste, and the SP will crash again.
I suspect an opening price circa .03 on monday may be on the cards